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NEW YORK, May 24 /PRNewswire-FirstCall/ -- Piper Jaffray & Co. is pleased to announce that Jesse Pichel has been promoted to senior research analyst covering companies within the electronics manufacturing, wafer consumables and materials handling segments of the semiconductor space. This represents an expansion of the Piper Jaffray technology research platform. Pichel is based out of the firm's New York office.

"Jesse has been a valued member of our technology research team for the past year and we are pleased to promote such an experienced analyst from within to expand our research coverage of this subsector," said Michael Ott, head of Equity Research at Piper Jaffray.

Pichel has covered the electronics manufacturing space for three years and was a research analyst with Needham & Company before joining Piper Jaffray. Prior to that, he was a vice president and senior research analyst with C.E. Unterberg, Towbin focused on hardware and business services. Pichel holds a master's in business administration from Fordham University and a bachelor of science degree from Cornell University in Ithaca.

Headquartered in Minneapolis, Piper Jaffray & Co., a subsidiary of Piper Jaffray Companies (NYSE: PJC), is a focused securities firm dedicated to delivering superior financial advice, investment products and transaction execution within selected sectors of the financial services marketplace. The company operates through two primary revenue-generating segments -- Capital Markets and Private Client Services. Investment Research, an independent group reporting to the CEO, supports clients of both segments. The firm serves corporations, government and non-profit entities, and institutional investors on a national basis and serves the financial advisory needs of private individuals predominantly across the western half of the United States. The firm has approximately 3,000 employees in 111 offices in 23 states across the country and in London, England. For more information about Piper Jaffray, visit us online at .

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SOURCE  Piper Jaffray & Co.
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